Certificate in Practical Entrepreneurship (RQF) Level 3 Course Online | learndirect

Certificate in Practical Entrepreneurship (RQF) Level 3

Overview

Being an entrepreneur is hard work, but there are plenty of rewards too. You will face many challenges and risks, but with a clear vision, lots of determination and a great team, you can have a successful career.

Setting up your own business starts with a great idea. Whether it’s a product or service that people need, being passionate is the key to success. Really caring about what you do will give you the drive to keep yourself going.

The iCQ Level 3 Certificate in Practical Entrepreneurship RQF Qualification (601/5412/3) offers you a range of knowledge and skills so that you can develop and demonstrate your entrepreneurship expertise. Entrepreneurship is both a career opportunity in its own right and a well-sought career skill. 

If you're thinking of becoming an entrepreneur, then our course for entrepreneurs will engage you in some exciting activities that'll provide you with entrepreneurial training.

You will learn about the principles of supply chain management, financial control and future growth planning. You'll also learn about:

  • How to create and maintain a professional network
  • Making a detailed business model for an idea
  • Undertaking competitor analysis for a business
  • Identifying the resources required

How does the course work? 

Choose online study and get in control of your own study schedule. Don’t waste time with attending classes and the commute. Simply log on to our online portal and you will find all of the learning materials you will need. Once you enrolled, you will be able to work in your own time at your own pace.
Learndirect will support you with everything you need to make the most out of your course. Our tutors are available via email, phone, or through the online portal. You will also have access to a friendly community of like-minded students that can help you and share ideas on course topics.

Modules

Unit One: Entrepreneurial Career Development (T/506/9318)

On completion of this unit you will:

  • Be able to identify own career opportunities
  • Be able to identify and assess risks         
  • Understand how to pro-actively develop their skills and knowledge
  • Understand how to create and maintain a professional network

Unit Two: Designing a Business Model (T/506/9321)

On completion of this unit you will:

  • Understand what is meant by the term ‘business model’
  • Be able to generate several possible business models for the same business idea
  • Be able to articulate the value proposition(s) for a business
  • Be able to create a detailed business model for a business idea
  • Understand how to identify the critical assumptions in a business model

Unit Three: Testing a Business Idea (M/506/9303)

On completion of this unit you will:

  • Be able to design a means of testing a business idea
  • Understand how to measure a test of a business idea
  • Understand how to interpret a test of a business idea

Unit Four: Evaluating a Business Idea (R/506/9309)

On completion of this unit you will:

  • Be able to undertake a competitor analysis for a business
  • Understand how to communicate with potential customers in order to evaluate a business idea
  • Be able to interpret the information gathered in order to evaluate a business idea

Unit Five: Estimating Costs and Revenue for a Business (L/506/9311)

On completion of this unit you will:

  • Be able to identify the resources required for a business
  • Be able to estimate potential revenue streams for a business
  • Be able to develop a cash flow forecast for a business idea over a one year period
  • Be able to estimate the financial resources required for a business

Requirements

You do not need any experience or previous qualifications to enrol on this course. This course is available to all students, of all academic backgrounds.

Please note you must be at least 16 years of age to join this course.

The approximate amount of time required to complete the course is 128 hours.

Qualifications

On completion of this course you will be eligible to join the following Professional Associations(s):

 
iCQ is an Ofqual accredited Awarding Organisation who also provide a funding data management system and a learner management system (including learner ePortfolio and eLearning hosting). The iCQ directors have many years' experience in developing learner management solutions and Awarding Organisation services. Our associates - quality advisors, qualification developers and customer support team - all have occupational sector and role-specific experience.

You may find many more qualifications appropriate for you, depending on your career goals and the sector you work in. The following distance learning courses are examples you may wish to undertake:

  • Business Administration (RQF) Diploma Level 3
  • Management (RQF) Diploma Level 3
  • Sales and Marketing (RQF) Level 3
  • Customer Service Principles: NCFE Level 3 Certificate (RQF)

Are you planning to start your own business in any sector and become an entrepreneur in the fullest sense? The Certificate in Practical Entrepreneurship (RQF) is the right option for you because entrepreneurial spirit is a mindset which is highly valued in progressive companies.


Relevant higher level job roles include but are not restricted to:

  • Managers and Senior Managers
  • Project management
  • Product Development
  • Business Innovation

Entrepreneurial skills are highly valued by many employers. They are becoming more necessary to thrive in more senior job roles. With this entrepreneurship course, you will develop a new skill set and learn new ways of thinking that will enable you to progress in your existing job role.

 

Need proof of your English and Maths skills? Want to catch up and learn more English and Maths? You can for free when you sign up to this learndirect course.

Get your NUS Extra card

All professional development students are eligible for the NUS Extra card, which gives you access to over 200 UK student discounts with brands like Co-op, Amazon and ASOS. Apply and find out more at http://cards.nusextra.co.uk/

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